scholarly journals Regional and international aspects of energy security

2011 ◽  
Vol 63 (2) ◽  
pp. 260-275
Author(s):  
Miroslav Antevski ◽  
Dobrica Vesic ◽  
Ljiljana Kontic
Keyword(s):  
Energy Security ◽  
Clean Energy ◽  
Energy Sources ◽  
Energy Market ◽  
Dominant Position ◽  
The Third ◽  
Energy Projects ◽  
New Energy ◽  
International Aspects

Energy security may be defined, generally, as the availability of clean energy sources at affordable prices. If a country or region does not have its own sources of energy in the necessary extent, their energy security is in a long-term threat. To this point, countries seek to achieve diversification of energy sources and transport routes. This is one of the reasons for launching new energy projects in Europe and Asia; the other is an attempt by Russia to consolidate its dominant position on the part of the international energy market; the third factor is the oil transnational corporations. Russia is the dominant natural trading partner and Europe?s energy supplier. Problems with the transit of natural gas and oil from Russia to Europe, which directly threaten its energy security, were the reason to launch the new energy projects.

Power Projects and Covid-19: A Practical Analysis of the Relevance of Force Majeure Clauses under the Standardised Power Purchase and Implementation Agreements of Uganda

2020 ◽  
Vol 1 (2) ◽  
pp. 189-193
Author(s):  
Aisha Naiga ◽  
Loyola Rwabose Karobwa
Keyword(s):  
Renewable Energy ◽  
Renewable Energy Sources ◽  
Clean Energy ◽  
The State ◽  
Energy Sources ◽  
Policy Goals ◽  
Force Majeure ◽  
Practical Analysis ◽  
Energy Justice

Over 90% of Uganda's power is generated from renewable sources. Standardised Implementation Agreements and Power Purchase Agreements create a long-term relationship between Generating Companies and the state-owned off-taker guaranteed by Government. The COVID-19 pandemic and measures to curb the spread of the virus have triggered the scrutiny and application of force majeure (FM) clauses in these agreements. This article reviews the FM clauses and considers their relevance. The authors submit that FM clauses are a useful commercial tool for achieving energy justice by ensuring the continuity of the project, despite the dire effects of the pandemic. Proposals are made for practical considerations for a post-COVID-19 future which provides the continued pursuit of policy goals of promoting renewable energy sources and increasing access to clean energy, thus accelerating just energy transitions.

scholarly journals Influence of the Share of Renewable Energy Sources on the Level of Energy Security in EECCA Countries

Energies ◽  
2021 ◽  
Vol 14 (4) ◽  
pp. 903 ◽  
Author(s):  
Ivan Trifonov ◽  
Dmitry Trukhan ◽  
Yury Koshlich ◽  
Valeriy Prasolov ◽  
Beata Ślusarczyk
Keyword(s):  
Renewable Energy ◽  
Energy Security ◽  
Structural Characteristics ◽  
Renewable Energy Sources ◽  
Energy Resource ◽  
Energy Sources ◽  
Structural Content ◽  
High Degree

In this study we aimed to determine the extent to which changes in the share of renewable energy sources, their structural complex, and the level of energy security in Eastern Europe, Caucasus and Central Asia (EECCA) countries in the medium- and long-term are interconnected. The study was performed through modeling and determination of the structural characteristics of energy security in the countries. The methodology of the approach to modeling was based on solving the problem of nonlinear optimization by selecting a certain scenario. For the study, the data of EECCA countries were used. The ability of EECCA countries to benefit from long-term indirect and induced advantages of the transformation period depends on the extent to which their domestic supply chains facilitate the deployment of energy transformation and induced economic activity. This study provides an opportunity to assess the degree of influence of renewable energy sources on the level of energy security of countries in the context of energy resource diversification. The high degree of influence of renewable energy sources on energy security in the EECCA countries has been proven in the implementation of the developed scenarios for its increase. Energy security is growing. At the same time, its level depends not only on an increase in the share of renewable sources but also on the structure of energy resources complex of countries, and the development of various renewable energy sources. Therefore, today the EECCA countries are forced not only to increase the share of renewable energy sources but also to attach strategic importance to the structural content of their energy complex.

scholarly journals Regimes, management and economics of energy complexes on the basis of renewable energy sources for autonomous power supply

2019 ◽  
Vol 124 ◽  
pp. 04023 ◽  
Author(s):  
V. Elistratov ◽  
I. Kudryasheva
Keyword(s):  
Renewable Energy ◽  
Power Supply ◽  
Energy Security ◽  
Renewable Energy Sources ◽  
Energy Sources ◽  
Electricity Supply ◽  
Fuel Prices ◽  
Decentralized Power Supply

The article describes the principles of creation, management and economics of power complexes based on renewable energy sources for decentralized power supply. The introduction of energy complexes based on renewable energy sources can compete with the centralized power supply of the regions by increasing energy security and reducing the risks of major accidents and disasters. Long-term contracts for the electricity supply can be a reliable and economical insurance in case of rising fuel prices in the long term.

scholarly journals Research on New and Traditional Energy Sources in OECD Countries

2019 ◽  
Vol 16 (7) ◽  
pp. 1122 ◽  
Author(s):  
Ying Li ◽  
Yung-ho Chiu ◽  
Tai-Yu Lin
Keyword(s):  
Renewable Energy ◽  
Clean Energy ◽  
Past Research ◽  
Oecd Country ◽  
Oecd Countries ◽  
Pollutant Emissions ◽  
Energy Sources ◽  
Low Carbon ◽  
Low Carbon Economy ◽  
New Energy

To mitigate the problems associated with climate change, the low-carbon economy concept is now being championed around the world in an effort to reduce greenhouse gas emissions and ensure sustainable economic growth. Therefore, to reduce the dependence on traditional energy sources, the Organization for Economic Co-operation and Development (OECD) has been actively promoting the use of renewable energy. Past research has tended to neglect the influence of other pollutants such as fine particulate matter (PM2.5) and sulfur dioxide (SO2) and have mainly been based on static analyses. To make up for these research gaps, this study examined OECD country data from 2010–2014, with labor, fixed assets, new energy, and traditional energy as the inputs, and Gross Domestic Product (GDP), carbon dioxide (CO2), and PM2.5 as the outputs, from which it was found: (1) the overall efficiency of the individual countries varied significantly, with nine countries being found to have efficiencies of 1 for all five years, but many others having efficiencies below 0.2; (2) in countries where there was a need for improvements in traditional energy (which here refers to coal, petroleum and other fossil energy sources), there was also a significant need for improvement in new energy sources (which here refers to clean energy which will produce pollutant emissions and can be directly used for production and life, including resources like nuclear energy and “renewable energy”); (3) countries with poor traditional energy and new energy efficiencies also had poor CO2 and PM2.5 efficiencies; (4) many OECD countries have made progress towards sustainable new energy developments

Policies for Financing the Energy Transition

Daedalus ◽  
2012 ◽  
Vol 141 (2) ◽  
pp. 94-104 ◽  
Author(s):  
Kassia Yanosek
Keyword(s):  
Private Equity ◽  
Energy Transition ◽  
Private Investment ◽  
Clean Energy ◽  
Innovative Technology ◽  
Policy Makers ◽  
Energy Projects ◽  
Energy Economy ◽  
Clean Energy Policy

Historically, energy transitions have occurred gradually over the span of several decades, marked by incremental improvements in technologies. In recent years, public interest in accelerating the next energy transition has fueled a clean-energy policy agenda intended to underpin the development of a decarbonized energy economy. However, policies to date have encouraged investors to fund renewable energy projects utilizing proven technologies that are not competitive without the help of government subsidies. A true transition of the energy mix requires innovations that can compete with conventional energy over the long term. Investments in innovative technology projects are scarce because of the “commercialization gap,” which affects projects that are too capital-intensive for venture capital yet too risky for private equity, project, or corporate debt financing. Accelerating innovation through the commercialization gap will require governments to allocate public dollars to, and encourage private investment in, these riskier projects. Policy-makers will face a trade-off between prioritizing policies for accelerating the energy transition and accounting for the risks associated with innovation funding in a tight budgetary environment.

scholarly journals EU Energy Security at a Glance: The Evolution of the Situation Between 2014-2018

2021 ◽  
Vol 26 (1) ◽  
pp. 1-8
Author(s):  
Ionuţ Alin Cîrdei
Keyword(s):  
National Security ◽  
Energy Security ◽  
Continuous Flow ◽  
European Countries ◽  
Energy Resources ◽  
Energy Sources ◽  
The Eu

AbstractEnsuring the energy resources needed for the functioning of society as a whole is a major concern for European countries, which must identify solutions in this regard. Measures to be taken individually and collectively aim to ensure a continuous flow of energy resources and to consolidate the energy security. The energy security of European states is quite difficult to achieve due to the energy situation of all states and due to the increased dependence on energy resources outside the European space. Ensuring energy security not only creates the conditions for the development of society, but also strengthens national security, as it eliminates possible sources of tension and contradictions, which can lead to crisis or even conflict. From this perspective, it is clear that the EU is making efforts for energy sources diversification and to reduce the likelihood of malfunctions, but the evolution of the energy situation of the EU bloc shows that this is a long-term approach and concrete measures are very difficult to implement, fact easy to notice from the analysis of the energy situation of the EU between 2014 and 2018.

scholarly journals ENERGY PROSPECTS IN WESTERN BALKAN REGION ‒ MONTENEGRO CASE

2021 ◽  
Vol 12 (2) ◽  
Author(s):  
Momir Đurović
Keyword(s):  
Renewable Energy ◽  
Greenhouse Gas Emission ◽  
Renewable Energy Sources ◽  
Clean Energy ◽  
Economic Effects ◽  
Energy Sources ◽  
Low Carbon ◽  
Western Balkans ◽  
Low Carbon Economy

To meet new energy demands and climate targets for 2030, the EU member states and West Balkans countries are requested to introduce the National Energy and Climate Plans (NECP) for the period from 2021 to 2030. That implies implementing clean, affordable and renewable energies to reach a climate-neutral economy by 2050. This will require moving towards the long-term goals set by Power agreements, which means to perform economic transformations to reach broader sustainable development goals. To achieve those goals national long-term strategies in Western Balkan countries jointly with EU strategies have to cover, at least, the following in the coming 30 years: total greenhouse emission reduction, even elimination, to extend feasible socio-economic effects of the decarburization measures, to enable links to other national long-term objectives, to make progress on a low greenhouse gas emission economy by encouraging the use of renewable energy sources to approach the European green plan. All those measures will lead the energy sector in the Western Balkans (WB6) to be organized to function with diversified sources of energy, secure fully functional integrated energy market, the free flow of energy, improve efficiency by reducing needs for energy imports; move to low carbon economy by promoting research and innovations in low carbon and clean energy technologies, which will all lead to extensive implantation of renewable energy sources and control of climate change in the region.

Switching to Clean Energy: A Milestone for Energy Security and Economic Advantage for Nepal

2018 ◽  
Vol 1 (1) ◽  
pp. 20-23
Author(s):  
Chet Narayan Acharya
Keyword(s):  
Energy Security ◽  
Alternative Energy ◽  
Renewable Energy Sources ◽  
Clean Energy ◽  
Green Energy ◽  
Energy Utilization ◽  
Living Standard ◽  
Energy Sources ◽  
Alternative Energy Sources ◽  
Development Agenda

With the world-wide wave of economic development and improved traditional living standard of people, consumption of fuel has also increased significantly. Exponential growth in use of fossil fuel and its impacts compelled to search for alternative energy sources. Green energy is that source of energy that is naturally restocked. Nepal is rich enough country for renewable energy sources even though, could not accelerate growth and development agenda.  Appropriate policy and planning of green energy would help to give a big push to break development hazards and would contribute for economic freedom and energy security.  This paper attempts to scrutinize and understand the green energy utilization, proper management and exploring the capacity of the Nepalese economy.

ANALYSIS OF THE ENERGY SECURITY OF THE EUROPEAN UNION AND THE RELATED POLICY FRAMEWORK

2020 ◽  
Vol 20 (01) ◽  
pp. 2050005
Author(s):  
AUGUSTIN IGNATOV
Keyword(s):  
European Union ◽  
Energy Security ◽  
International Competition ◽  
Policy Framework ◽  
Energy Market ◽  
Individual Member ◽  
The European Union ◽  
The Third ◽  
Quantitative And Qualitative Research ◽  
Strategic Goal

The European Union (EU) is the third largest energy market on the planet following China and USA, consuming more than 1.6 million tons of oil equivalent, this fact determining the community’s strength. Nevertheless, this strength is valid only in the case when the market is consolidated, therefore, the strategic goal of the community is to avoid splitting the EU’s market into individual member states considering both the economic and political aspects, the force of which is considerably more reduced. This paper aims to comprehensively analyze the energy market of the European Union and determine the key weaknesses which threaten the community’s security in this area. At the same time, it is presupposed to identify the key initiatives through which the European Union aspires to consolidate the energy market’s integrity in the conditions of growing international competition and changing geopolitical environment. To reach these specific goals, a subset of objectives which are expected to be achieved by applying both quantitative and qualitative research methodologies has been selected. The results reached show that the European Union’s efforts are insufficient to consolidate the energy market and deepen the integration, nevertheless, the proposed plans are promising, offering the community a favorable perspective.

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